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Ezdan acquires 20% stake in Qatari Investors

May 14, 2014 10:31 am

Qatari property developer, Ezdan Holding Group has said it has acquired a stake of more than 20% in Qatari Investors Group, Gulf Times has reported. Qatari Investors Group, with about QR4bn in assets, operates through 12 companies and 23 subsidiaries in different sectors such as industry, trade and services. The stake purchase in “is a significant move towards the diversification of investments of Ezdan,” said Ezdan’s deputy chairman, Sheikh Abdullah bin Thani bin Abdullah al-Thani. Ezdan did not disclose details regarding the deal size nor the funding for acquisition.